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Hello, warpcast !!!
For virtual currency enthusiasts, except for a very few who engage in over-the-counter trading, exchanges are unavoidable. However, due to the decentralized nature of blockchain, exchanges have evolved into two types: decentralized and centralized.
## Centralized Exchanges (CEX): This is a traditional trading model where users need to register an account with the exchange and deposit their assets into the exchange's custodial wallet, which is managed by the exchange.
š Hi, I'm 10, and this is a branch of the #BlockchainHistory series dedicated to popular science. In this issue, we'll briefly introduce: Centralized Exchanges and Decentralized Exchanges! ššš